Farm For Sale | 142+/- Acres | Phelps County, NE

Farm For Sale! Located on the west edge of Loomis, Nebraska, this 142+/- acre tract offers an excellent opportunity to acquire highly productive irrigated farmland in the heart of Phelps County. The property includes 138.86 irrigated acres, with State Highway 23 dividing the farm into two tracts and providing convenient access to both parcels. Phelps County is well known for its quality agricultural soils and productive farm ground, making this an attractive addition to an existing farming operation or a strong investment opportunity. The deep well, well, and pump are owned by the seller. The tenant owns all other irrigation equipment (irrigation pivots, pivot stops, diesel engine, etc.). A lease is currently in place for the 2026 crop season. With its high percentage of irrigated acres, established agricultural production, and desirable location near Loomis, this property represents a strong opportunity to acquire quality irrigated farmland in south-central Nebraska. Legal Description: SW1/4 of S18, T6N, R19W Total Acres (per assessor): 142.66+/- Irrigated Acres: 138.86+/- Other Acres: 3.80+/- Property Taxes (2025): $5,560.52 Irrigated Information: Well G-136259. Drilled in 2005. 1,200 GPM, 150' Static Level, 180' Pumping Level, 380' Well Depth Tri-Basin NRD 138.857 Certified Irrigated Acres 140 CNPPID Contract Acres Seller owns deep well, well and pump. Tenant owns all other irrigation equipment. FSA Information: Total Cropland Acres: 134.51 Corn: 115.4 Base Acres – 177 PLC Yield Soybeans: 12.9 Base Acres – 60 PLC Yield Total Base Acres: 128.3 The farm is leased for the 2026 season. All owned mineral rights convey.